Roni Cohen-Pavon, Former Celsius Executive, Granted Permission to Travel to Singapore for Token2049 Conference

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Travel Permission
  2. Charges and Guilty Plea
  3. Travel Request and Legal Proceedings


    4. Former Celsius chief revenue officer Roni Cohen-Pavon, who pleaded guilty to criminal charges in 2023 and has been free on bail, has permission to travel to Singapore to attend the Token2049 conference.

    Travel Permission

    On Sept. 13, Judge John Koeltl of the United States District Court for the Southern District of New York (SDNY) granted Cohen-Pavon permission to travel from Israel to Singapore from Sept. 16 to 20 for business purposes. Cohen-Pavon, part of the same criminal indictment as former Celsius CEO Alex Mashinsky, allegedly earned roughly $3.6 million in profits from the sales of CEL tokens by helping artificially inflate the price.

    Charges and Guilty Plea

    US authorities announced fraud charges against Mashinsky and Cohen-Pavon in July 2023 related to misleading users at the crypto lending platform Celsius. Cohen-Pavon, who was reportedly not in the US when the indictment was filed, was arrested in September 2023. He initially pleaded not guilty but later changed his plea to conspiracy to commit price manipulation, securities fraud, manipulation of security prices, and wire fraud.

    Travel Request and Legal Proceedings

    Cohen-Pavon previously requested permission to travel to Tokyo in June 2024. While the court filings do not explicitly mention Token2049, the timing of the September travel request could imply plans to attend the conference. Former CEO Alex Mashinsky has also filed for the opportunity to question six material witnesses residing outside the US. Mashinsky, awaiting his trial in January 2025, is largely restricted to traveling within SDNY and EDNY.

    Roni Cohen-Pavon, after pleading guilty to criminal charges, has been granted permission to travel to Singapore to attend the Token2049 conference. Meanwhile, his legal proceedings continue, and he is scheduled for a sentencing hearing in December 2024.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

BTCS Prepares for Tokenized Stocks Trading Under SEC Exemption

BTCS's Imperium unit has completed compliance work for potential trading of tokenized stocks under a new SEC exemption.

user avatarKofi Adjeman

21Shares Announces Staking Distributions for Five Crypto ETFs

21Shares has announced staking distributions for five crypto ETFs, converting on-chain validation rewards into cash payouts for investors.

user avatarNguyen Van Long

Soluna and Bitdeer Expand Bitcoin Mining Partnership

Soluna and Bitdeer are increasing their Bitcoin mining capacity at Project Kati 1 in South Texas, adding approximately 7 MW of mining equipment to reach a total of 35 MW, with completion expected in November 2023.

user avatarSatoshi Nakamura

Microsoft Stock Surpasses 500 Mark Amid Analyst Buy Ratings

Microsoft's stock has climbed above the 500 level, opening at 509 during Tuesday's trading session. Analysts have given MSFT a buy rating, with predictions suggesting it could reach above 600.

user avatarJesper Sørensen

Oracle Integrates with Swift's Blockchain for Enhanced Banking Payments

Oracle announced a significant integration with Swift's blockchain ledger to facilitate tokenized deposit payments for banks.

user avatarRajesh Kumar

TRON DAO Rings Closing Bell at Cboe for TRXS Listing

TRON DAO rings the closing bell at Cboe Global Markets to celebrate the listing of TRXS, an exchange-traded product linked to TRX.

user avatarLucas Weissmann

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.